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Old 11-30-2014, 02:18 AM
 
66 posts, read 66,921 times
Reputation: 96

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Quote:
When it comes to New York City real estate, the billionaires are on a buying spree.
Sales of multimillion dollar residential properties are up 120% so far this year, according to CityRealty.

http://i2.cdn.turner.com/money/dam/a...-70b-620xa.png

While median home prices for the U.S. overall are pretty much back to where they were 10 years ago, Manhattan's luxury home prices have more than doubled, according to Jonathan Miller, president of Miller Samuel, a real estate appraisal firm in New York.
No end in sight for New York's multimillion dollar housing boom - Nov. 20, 2014

Last edited by bmwguydc; 11-30-2014 at 10:15 AM.. Reason: Image is copyrighted - link only
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Old 11-30-2014, 08:23 AM
 
39 posts, read 36,310 times
Reputation: 74

I believe this is only the beginning, LL. Every millionaire and billionaire in the world is going to want a place in Manhattan.

Truly great times in the world capital!
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